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. tom's off tonight. americans are waiting to hear from president obama as he gives his state of the union speech. we look at his jobs plan and what wall street wants to hear from the president. and currency wars: g-7 countries say they're looking to boost their local economies, but critics say they're aiming to get ahead by weakening their currencies. that and more tonight on "n.b.r." we're hours away from president obama's state of the union address. americans aren't just listening for what he says but how he says it. will he strike a hopeful or optimistic tone, and will he offer a concrete plan to create jobs and grow the economy? washington bureau chief darren gersh reports. >> reporter: with more than half of americans thinking the economy is still in recession, it makes sense that the president is focused on a jobs agenda in his speech tonight. but while his plan may be new, the challenge is not. >> the economy is not growing fast because the demand for the goods and services that we can produce in this country has not increased very much. and unfortunately, the public s
, you're right, andrea. i mean, i think president obama can now go back and say look at the fourth quarter of 2012. things are starting to work. one interesting note, though, his inaugural address got lots and lots of attention. one thing that wasn't really in there in any specificity was the economy. it's a way forward on how she thinks the next right steps or what he thinks the next right steps are on the economy. there's some sort of gray area here in where he wants to head. >> now, before we get to chuck hagel, the sort of train wreck that happened yesterday, ruth marcus, the white house is coming out or hhs is coming out with new rules to liberalize the guidelines so that religious institutions are somewhat insulated, somewhat more insulateded. first of all, they're going to more broadly define religious institutions. also, give a separate provider so that the religious institutions themselves don't have to provide birth control to their employees. >> well, first of all, you said white house, and even though hhs issues these guidelines, one can be fairly sure that the white ho
everybody. during the state of the union address, president obama talked about fixing the nation's infrastructure. things like the 70,000 or so structurally deficient bridges across the country. he emphasized the need to get these projects done with a combination of public and private funds and using american workers. "the new york times" reports today the president is going to talk in detail about those plans in a series of interviews. first part of the plan is called a fix it first strategy which invests $50 million in our highways bridges transit systems and airports the ones in most need of repair. congress would have to approve the money. part two would seek to and freedom to marry. we'll be back with more show on this wednesday. stay with us. we'll see you after the break. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you
. waiting for president obama's speech. now despite a cautious day of trading, the dow closed at its highest level in more than five years, and returned to the psychological important 14,000 level. the dow gained 47 points, and the nasdaq lost five, and the s&p 500 up two points. even though the stock market has made dramatic moves, and trading volume today and throughout february has been light. market pros say that's because investors are searching for new reasons to buy equities. there's a chance president obama might give them some tonight in his state of the union address. suzanne pratt has the story. >> reporter: with earnings season winding down, wall street could use some new headlines to chew on. good economic data would be nice. friendly washington politics would also be helpful. tonight's state of the union speech might give investors a clue as to whether that's likely to happen. veteran trader teddy weissberg is hoping president obama will stress the need for bipartisanship but isn't sure that's what he'll hear. >> in terms of tonight, i don't think anybody that i talk to in the
. >> president obama loves to demonize oil companies, and he said in last state of union address we could save billions by getting rid of tax loopholes, yet he is the guy in power, he said he agrees with republicans in congress about lower the corporate tax rate, why have we not seen any act, i hang on is full of words. >> i have something to add, president had i think at least three commissions, we talked about this many times, that have all recommended same thing, get rid of junk in tax code, lower rate on, side, much more effective. paul volcker who headed president obama a tax commission said that is costing america jobs, president obama keeps saying jobs is job number one. why are we not doing this. neil: i think, you know, i think that restaurants, i don't know why i'm fixated on food. but if someone else pays bill you don't care, when i go out, let's say, you try the me, steve, even though i know you are cheap and you wouldn't do, that i would order two appetizers and the expensive bottle of wine. >> that is why do i not ask you out for dinner. neil: and i think that americas are -- ame
informational onfoation message of the union. jefferson wrote his and george washington said 800 words, obama is several thousand. that depresses me. are their younger members of congress to give you hope? >> yes, certainly, the numbers aren't great to but six thirds of that will do a good job that is more than the years when i was there. that is encouraging. john: you have endorsed a few. >> yes comet it is a good start. we do need more but after tostening to a speech likeing that you should be convincedat there will not quit before there is a calamity but that doesn't mean we shouldn't try to change their minds but to think in two years we have more members of congress and by and they come to our senses to vote against the largess and bring troops home and a repeal the president fromer manassas -- assassinating citizens and will not happen.but there be a crisis with a decision made by the people right now they're in college we have been maligned but we could solve some problems but right now will not be a gradual but we will have a financial crisis that will be very serious. john: the answe
headed president obama a tax commission said that is costing ameca jobs, president obama keeps saying jobs is job number one. why are we not doing this. neil: i think, you know, i think that restaurants, i don't know why i'm fixated on food. but if someone else pays bill you don't care, when i go out, let's say, you try the me, steve, even though i know you are cheap and you wouldn't do, that i would order two appetizers and the expensive bottle o wine. >> that is why do i not ask you out for dinner. neil: and i think that americas are -- americans are the same way, if someone else is footing the bill who are you to look at price of the bill. where if you have skin in the game, you are all paying than you are more cog my sent not only -- co coggie -- was not ony service but the tip at the end. >> it reminds me of atlas shrugs, everyone had to have a man in washington in that story, in a economy where big business have to depend on their man in washington, what does that do to the little guy, there is a antigrowth, anticoffnes anticom. neil: let me say it would not kill us to at least
if washington can't avert the sequester? >>> president obama is tailoring his sales pitch today by talking to al sharpton and other minority radio hosts and yesterday by appearing on tv stations in states that will be hard hit by defense cuts. >> instead of us cutting education, instead of us kegt mental health programs, instead of us affecting military readiness and a whole range of other things that are really important to our security and our prosperity, we should be focused on programs we know don't work, waste in government, and some of these tax loophole that is we can close that frankly only benefit the well off and the well connected. >> in connecticut today vice president biden and parents of a 7-year-old sandy hook victim are tackling gun violence together. >> plus, a first fashion line. could a fragrance be next? jimmy kimmel sees opportunity knocking for the strug lingpost office. >> introducing a new fragrance by the u.s. postal service. manila. >> manila. >> smell like an envelope. go places. manila. manila. express mail your senses. hmm, paper. adhesive. manila by the u.s. postal
. good day. i'm andrea mitchell live in washington. president obama and congressional republicans remain worlds apart on a realistic solution to prevent billions of dollars in automatic cuts. the sequester from kicking in march 1st. right now the politics are trumping any movement towards compromise. joining me now for our daily fix chris calizza, msnbc contributor and managing of post politics.com, and washington post reporters laurie montgomery and nia malika henderson. chris, first to you. set the stage for us. there's no solution in sight. is the white house expecting it has the high road in terms of politics of it and that republicans will be on the defensive because i don't see any way they're bridging the gap. there is no outward ed that began is being bridged. i think the government sees the only way it could be bridged by agreeing with some tax increases, and they say, you know what, all these cuts, sure it's a meat clever approach, not a scalpel, but at least they're cuts, and it's not about tax increases. we kind of -- they believe that to maintain the core of who the republic
did we see results like this in ohio where obama won the state and sherrod brown was re-elected but republicans got 12 of the available 16 house seats. when jimmy carter was drummed out of office in 1980, he managed to carry 900 counties nationally. when michael dukakis ran for president in 1988, he suffered a 40-state landslide but claimed 119 counties. bill clinton won with 1,524 counties. do you know how many counties obama won last year? 690. that's it. 690. even though he won a convincing popular vote majority. gerrymandering wasn't a complete nonfactor in 2012. the gop probably did grab a few extra seats because of it. but the real problem for democrats is that their base of support is less spread out geographically than it's ever been, which means they can win presidential races and even control the senate, but when it comes to the house, their best, their only chance for the foreseeable future is a massive anti-gop tide, like something we saw in 2006 or 2008. short of that, the era of republican speakers could last for a long time. okay, that does it for "the cyc
. lawmakers are on vacation until monday. now obama has been out selling his side of the fiscal fight on local television. >> the automatic spending cuts put in place in 2007 were designed to get congress to avoid them to come together with sensible approaches to debt reduction. >> andrea: john boehner called the current budget crisis one that the president, himself, created. >> this sequester was the president's idea. his party needs to follow through on their plans to replace them. >> andrea: this was the president's idea. carney the press secretary admitted as much to bret baier. the president in 2011 said he would veto any attempt to try to replace the cuts. now he is crying help, what do we do? kimberly, this sequester, i see it as two issues here. the political and policy. the policy being the actual cuts. $600 billion on defense scheduled to take place marm 1. political front, republicans sitting on their hands, they will let it happen it looks like. who loses. where does the fall-out hit if that happens? dims white house is hoping it will be more blame to republicans to in fact severel
stole the show from president obama last night. it is this lady who is 102 years old, she was the guest of michele obama. as a haitian immigrant, she has become an icon in society. she waited in the early voting line for three hours. only to get told that you come back. she made a fuss, came back to castroville, and her inspiring story went viral. there she is, all dressed up. they are saluting her, i don't know what this was, but there you go. >> i waited in line for two hours or more with my baby strapped to my chest. >> you did? >> i did. melissa: that is all the money that we have for you today. here comes gerri willis. gerri: hello, everybody, i am gerri willis. tonight on "the willis report", president obama hitting the road to promote his federal spending programs with this crazy idea. >> nothing i am proposing tonight should increase our deficit by a single dime. also, the plan to hike the minimum wage to $9 per hour. a boot to the economy or a jobs killer? i will break it down. and, we'll president obama's latest plan keep your money safe? "the willis report" is on the case. ge
writes the effect of boehner's argument is to make obama seem reasonable in comparison. i'm sorry, mr. york, but didn't you read mr. boehner's editorial? he said he wanted democrats to get serious about the sequester cuts. in fact he said it twice. which frankly for him is well below par. >> replace the president's sequester, we need our democrat colleagues to get serious. >> get serious. >> get serious. >> get serious. >> get serious. >> yes, let's serious. i'm joined by kristen welker who's live at the white house. kristen, these cuts are no laughing matter, but how does the white house get house republicans to agree to additional revenue? what are you hearing? >> reporter: well, martin, i'm not sure that they're going to be able to in terms of strategy. we've seen president obama taking his case to the american people. you saw him do that yesterday in that clip that you aired with the president joined by first responders making the case that their jobs could be at risk if the sequester kicks in. of course today he's granting interviews to local affiliates across the country. i expe
wrote to president obama asking for the underlining memos that the administration still has approdeclined to provide to congress. 11 senators signed that. a total of eight democrats and three republicans. democrat ron wyden was leading the charge on a letter. the chairman of the senate judiciary committee patrick leahy was on the letter on the democratic side. on the republican side, a motley crew of senators. you had mike lee of utah, grassley of iowa, susan collins of maine. that sort of indication of where you get concerned about the drone issue on the hill. you see a smattering of liberal democrats concerned in the house and a small handful of libertarian-leaning republicans that have expressed concerns on this issue. host: these underlying memos that the members of congress want, do they have to do with just drone strikes in general, drone strikes that have occurred against other alleged al qaeda operatives? guest: they may not happen to withdraw on strikes in general. they might have to do with drone strikes in specific. one of the issues that came up here is our anwar
that will be programming i will watch. if that's the choice that and obama i'm going with hasselhoff any day. >> bill: i want the audience to pity me and ms. laura because we have to watch this. >> i will be tweeting. >> bill: you guys should watch it just to prove us right because we are mocking it. it's an exercise in nothingness. >> you will know if things are going badly for republicans because john boehner will actually change shades during the address. okay? different color. >> bill: let me break this to you very gently because you are my friend. things are going bad for the republicans. we don't have to wait to find that out. >> okay. >> bill: miss laura ingraham, everybody, there she is. that it for us tonight. we have updates on the los angeles situation throughout the evening. as always, we thank you for watching the factor, and let's go down to washington, d.c. right now where bret baier and his crew standing by to set up the state of the union. take it away, bret. >> president obama's state of the union address, i'm bret baier in washington, you're looking live inside the house chamber ther
, bret. >> president obama's state of the union address, i'm bret baier in washington, you're looking live inside the house chamber there. tonight marks the 92nd time this annual message to congress or state of the union address has been delivered in person by a president. it's this president's fourth. there you see dr. jill biden being escorted to the box where she will sit and watch this address. we're told that the president will use this speech tonight to shift heavily to the economy, shifting the emphasis away from the broad social agenda of his second inaugural address, to focus on manufacturing and infrastructure, other investments and research and education. the house speaker today called that more spending, charged that on the issue of tackling the deficit and debt, quote, i don't think he has the guts to do it. he doesn't have the courage to take on the liberal side of his own party, and never has. as you see, the cabinet, i believe, those are coming into the house chamber. and basically, this is the mood. that's the mood up on capitol hill. the house speaker capturing some
. president obama is warning of dire consequences for all of us in lawmakers don't act quickly. we're talking about those forced budget cuts that take effect march 1st, slashing $85 billion from spending across the board this year. but with just ten days left, the consequences are backing more alarming. president obama outlined some of them today, told congress, let's make a deal while there is still some time. >> my door is open. i've put tough cuts and reforms on the table. i am willing to work with anybody to get this job done. none of us will get 100% of what we want. but nobody should want these cuts to go through because the last thing our families can afford right now is pain imposed unnecessarily by partisan recklessness and ideological rigid tea here in washington. visually, the president tried to make that point by having law enforcement officers standing behind him. many of them could lose their jobs. our joe johns is covering that with the different ways that the budget cuts could directly affect you. we also have renee marsh covering the potential cut and how it kol affect the fo
bernstein. >>> while president obama continues to warn of the damaging effects of the sequester and republicans lob insults from the sidelines, you'd never know anything was wrong from the market. damn the sequester screams one headline. the dow closed up another 50 points yesterday to settle above 14,000 while the s&p reached a five-year high. there are danger signs ahead. earlier this month, the cbo warned the sequester will have economic growth in 2013 and result in 750,000 lost jobs, but the collective eye roll of the market have been mirrored in the empty hallways of the capitol as lawmakers continue to enjoy a week-long break. complacency is further fuelled by the deadline is malleable. they won't fall apart on sequester day of reckoning said an aide. what actually happens on march first, nothing. nothing happens. while the meet cleaver may not fall on day one, things spiral in the days and weeks ahead. today secretary of defense leon panetta notified congress of the pentagon's plan to furlough 700,000 civilian employees, who, beginning in april, will be required to take o
of president obama's fourth state of the union address, the first state of the union of his second term. earlier today, house speaker john boehner predicted the highly partisan speech and said this president doesn't have the guts to go against his liberal base. those two men will be facing each other shortly and just coming in now, the cabinet, as you see right now, secretary of state john kerry newly appointed to that position. obviously, the former democratic candidate for president, also former senator from massachusetts, now the new secretary of state. behind him secretary of defense, leon panetta who will be leaving, although chuck hagel is on the hot seat right now. he was approved out of the senate armed services committee partisan vote, 14-11 today, but the senate floor, a full vote expected sometime later this week and you see the rest of the cabinet filing in behind those two men. ed henry, chief white house correspondent is standing by on the north lawn. ed? >> reporter: and here at the white house, earlier today briefed by the president, top aides what he's going to say toni
hedge fund. >> hello, everybody. tonight on "the willis report."y >> president obama hits the road tonight to ponromote all of his federal spending programs.night shou i >> nothing should increase the deficit by a single time.me. also, the plan to hike the minimum wage to $9 per hour. ho. a boost to the economy, or a eco jobs killer. i will break it down.l presidens latest plan keep your money safe? "the willis report" is on the case. gerri: all of that and more coming up. but first, call him the magician in chief. president obama is proposing tens of billions of dollars in new spending. he says that won't cost us a dime. now, that really is magic. fresh off the state of the union speech, the president hit the road today to push his new economic agea that looks exactly like his old economic agenda. dozens of new federal spending programs. from the federal education program, building homes in rundown neighborhoods all over the country. the estimates of this the cost her at least $130 billion. on top of what we already owe. who really knows? not even theresident. he has encountered i
china is crossing a real big line, and president obama, should drop everything to address this. ' to start with you jed. we hear about cyber war and cyber warfare, i'm not sure a lot ofeople take it seriously, can you describe what is at stake? >> every 6 rhet secret that we n our nation, and every computer network that runs virtually everything we do. this is serious stuff, maybe short of an act of war, but china has been going on, for a long time on pr this path, i think about 5 years ago they hacked in army's computer system in pentagon shutting down the e-mail. this is not new, titan rain code name, you know there is two types of government agents in u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> i
obama likes and we think it's the best way to get his attention on spending." which is maybe why you're seeing so much political posturing in the days leading up to it. >> no question. the thing that, i think, bugs me and from ezra's comments, him as well, the most about this is while all these political maturations are going on, and sure, you can have great positioning and fights about this spending program and that spending program, nobody's talking about the underlying economy. as i said, the unemployment rate is stuck at 8%. that's way too high. you have millions of people in long-term unemployment, so the idea you're actually engaging in fiscal policy that's hurting an already weak economy so you can have these political fights is antithetical to what i believe policy makers' jobs are. >> it's hard to say we're making a stand when this is a republican senator being quoted on a blind. that's not much of a stance. >> off the record. >> i think the optics of this are both sides are trying to claim a high ground here. we've seen what the president is doing with his bully pulpit all
promises that we can't keep, but we must keep the promises we've lard made. [applause] >> obama: to hit the rest of our testify sit-reduction target we should to what leaders in both parties have already suggested. and save hundreds of billions of dollars by getting rid of tax loopholes and tax deductions for the well-connected. after all why would we choose to make deeper cuts to medicare just for tax breaks. how is that fair? deficit reduction is a big emergency justifying making cuts in social security benefits but not closing some loopholes. how does that promote growth? [applause] now is our best chance. for bipartisan comprehensive tax reform that encourages job creation and helps bring town the testify sit. --the deficit. [applause] we can get this done. the american people deserve a tax code that helps small businesses spend less time filling out complicateed forms and more time expanding and hiring. a tax code that lowers incentive incentives to move jobs overseas and lowers tax rates for businesses and manufacturers who are creating jobs right here in america. that's what tax
center, jacki sheckner. >> president obama will welcome president napolitano as the italian leader prepares to leave office. then he'll give out the 2012 citizens medal to 12 people, the nation's second highest civilian honor. former senator harris waford helped form the peace corps and been an advocate in higher education and will receive the award. he will make a trip to chicago making remarks about his proposals to strengthen the middle class and bolster our economy. >> congress heading home today leaving a decent amount of work as it heads into a recess. republicans have now blocked the confirmation of former senator chuck hagel as our next secretary of defense. and brennaman as the head of the c.i.a. in a new t.v. add for the n.r.a., a gun owner is a proclaimed proud defender of the second amendment. >> after the nra's disgusting response, i've had enough. you take money from the n.r.a. and then continue to do their bidding, we're going to remember that come election time. >> move on is running a separate add targeting senator rob portman of ohio. the senator said he could get
unharmed. >>> his vacation now over, president obama diving right back into the world of washington politics. in the next hour, the president is scheduled to speak about those automatic spending cuts, set to take place next friday unless congress tankes some sor of action. christine romans joins me to break down how we could potentially feel these cuts if something isn't done. good morning. >> good morning, carol. the first question is what is the sequester, this wonky, horrible budget washington word you keep hearing. it's a fancy word for budget cuts, forced budget cuts. you could also think of the sequester as the "or else." last year it was decided we had to get our budget deficit under control, democrats and republicans together, or else, or else we would have these draconian spending cuts start the beginning part of this year. they didn't get their budget act together and this is the or else, the big budget cuts that are automatically going to happen. it's really frustrating, carol, because this was never -- these were never supposed to happen. this was supposed to be somethin
. >> the pressure cooker, president obama tries to turn up the heat on congress again. this time it's because there are just days left before those automatic spending cuts kick in. will a public push help the deal come together or just make everybody dig in their heels? meanwhile, the dynamic debt dee owe the simpson-bowles, they have a revised blueprint for a deal they say will cost $1 trillion more than it would in 2010. they're going to be here later to tell us about it. and will there be a path back to public life for mark sanford? the former governor wants to head back to grease. good morning from new york. it's tuesday, february 19th, 2013. this is "the daily rundown." i'm chuck todd. keep sending in your good morning greetings. we didn't have arable ones for today, but we want to hear from everybody that's watching today. let's get right to my first reads of the morning. with ten days left to prevent $5 billion in automatic spending cuts for the year kicking in, today we're going to get a taste of the president's end game. the white house plans to use that to at least reap political be
is in washington to see the speech as is nbc's chuck todd. and former obama campaign adviser robert gibbs is here as well. robert, i understand that i am for the first time tonight able to introduce you as an msnbc contributor. congratulations on that. thanks for being here. >> thank you. i'm happy to be here. >> gun safety reform, immigration reform, climate change, education reform, election reform, ending the war in afghanistan. the president has been explicit that these are all on deck for his second term agenda. how do you pick which of these things can be helped along by prominent placement in a speech like that? >> i think that's what will be interesting to see tonight. the president begins by talking about the budget difficulties and situations we have to deal with over the next couple of weeks. get into a huge priority like immigration and clean energy which the president has. and i expect this speech will end with a pretty emotional call for doing something on gun safety. >> we're right now looking at a live picture of the justices of the supreme court having been announced and entering
to with the senate and president obama. the sequester would be in effect, but they would be rid of a lot of these cuts. but the tea party really wants the lower figure locked in. that is important for what is going on in the future returns to writing these bills -- in the future when he returns to writing these bills. the headlines around the country, where a lot of the real nuts and bolts work happens and where the more incremental changes in our government are made. >> down in the engine room. thank you very much for being a part of the "news makers." [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> i think the women themselves, in many cases, were interested in politics, but had no vehicle to express that in their lives. so they were attracted to men who would become politically active or were already politically active. >> each of them, i find them intriguing. half of them, particularly because they are so obscure historical. i think half of these women probably would be almost totally unrecognizable to most men and w
back on capitol hill. president obama meanwhile welcomed the nation's governors to the white house. but is anybody looking for a real compromise that will avoid the chaos scheduled to hit this friday? our search for answers begins with our national political correspondent jim acosta. what's the latest, jim? >> reporter: wolf, if anything, both sides sound like they are digging in. the white house is accusing republicans of putting schools and the health of young children at risk. meanwhile, the republicans are accusing the obama administration of trying to scare people. >> welcome, everybody. >> reporter: speaking to a meeting of the nation's governors, president obama said if congress wants to stop those forced spending cuts that start going into effect at the end of the week, lawmakers better do something about it. >> these cuts do not have to happen. congress can turn them off anytime with just a little bit of compromise. >> reporter: to get congress in the spirit of compromise, the white house is warning what's about to be cut on a state by state level. 1,200 teacher and aide j
, and they have at the most popular politician in the country behind their back. president obama said he is ready to work with them. notably he and former president bill clinton had become more eager to get ahead, more progressive, vs senate democrats. you've got to be ready to compromise a little bit with the other elements of congress in the coming months. you are going to have defections when it comes to gun control, immigration, and what we may have to do with a fiscal policy. host: you touch on that point, an unlikely ally for house democrats, the speaker of the house, john boehner. guest: that is something that many democrats have pointed out. he made -- he may need them to get some of these bills passed. as he did with the debt ceiling vote. as he did with the bill for hurricane sandy victims. as it came with the fiscal cliff agreement. i see that as a possibility with a gun control and immigration, because while republicans cannot be eager and willing to discuss the issues, pulling suggest that the house may have to pass something. i will meet democrats. host: -- they will need democrats.
, and welcome to this "pbs newshour" special coverage of president obama's "state of the union" address. we want you to know this program is also being livestreamed on our home page on the web. in just a few moments, the president will spell out his policy agenda for the start of his second term. he is expected tonight to focus mainly on jobs and the economy, and to highlight other domestic priorities including gun control and immigration reform, but also to touch on international challenges. here with me, as they will be throughout our coverage tonight, are syndicated columnist mark shields and "new york times" columnist david brooks. mark, what is different about a state of the union when it's the first one of a second term? >> you don't have that many more to look forward to? the sand is running out of the glass. this is probably the best shot that most presidents have in their second term is that first year-and-a-half before you get into congressional elections and the lame duckness really sets in. the race to succeed him begins while he's just sitting there. so this is important. this is th
. >> woodruff: we just saw michelle obama, the first lady, talking with one of those special guests. and again i'm reminded that's the mother of the 15-year-old teenager, young woman. she performed at the president's inauguration from chicago. she went home to chicago and then was gunned down in a shooting that was said to be just a mile or so from the president's house. >> that's right. and two people were arrested yesterday. >> woodruff: and one of the points the white house has been making is that gun violence is not something distant. it touches many many families in this country. that's one of the points. >> that's a realm where i think there's some possibility of some legislation. i'm not sure it will be as ambitious as what the president proposed but some sort of background check, magazine things. so again if you bracket some of the really divisive issues, you can get small steps down at least. >> woodruff: what we're going to hear from the president tonight is he's going to make a push, we're told, to ban assault weapons and to do something about background checks, tighten up background
. then president obama and his choice to replace the interior secretary can salazar. and then leon panetta talks to -- and the armed services committees of her proposals to avoid the budget cuts. the postmaster general announced that the post office will end saturday mail delivery service starting in early august. they expect the change to save $2 billion a year. package delivery service will continue six days a week. this news conference is 35 minutes. >> good morning everybody. thank you for joining us. today, we're going to be making an announcement about an important change to our national delivery schedule. i think anyone who has followed the postal service over the past couple of years know that we have been consistently making changes to our delivery schedule. it is an important part of our strategy returning back to financial stability and it is absolutely necessary to make that move. before i get into the details of the announcement, i would like to spend a couple of minutes discussing the financial reasons for this scheduled delivery change. since 2008, we have seen a steady decline in
, let me ask you about that, because at 10:45 this morning, president obama goes before the cameras and i think he's going to give us his ideas how to avoid sequester, how to avoid the big spending cuts. let's suppose that he's not successful, that we cut spending, 85 billion dollars between march 1st and the end of this year. if you take 85 billion dollars worth of government spending out of the economy, does that push us into recession? >> i don't believe 85 is enough to push us into recession, it's slightly weakening, in the scheme of the size of the federal budget. 85 is not very large. the payroll tax is double that amount when you add the gas tax, so it's much more severe and it hits right into the consumption, personal consumption expenditure of 130 million working americans, i don't think that the 85 is the issue, it's an extended period that becomes the issue if they don't resolve things. stuart: david, thanks for joining us, sir, come back again soon, thank you. >> thank you, stuart. stuart: all right, everybody, you saw the headlines, nightmare at sea and the video, peopl
obama turning to the states for support to put the country back on track. >> i'm looking for good partners because while nobody in this room sees eye-to-eye on everything, we know that when we work together democrats and republicans, north, south, east and west, we can accomplish so much more than we can on our own. and we got onesies. sometimes miracles get messy. so we use tide free. no perfumes or dyes for her delicate skin. brad. not it. not it. just kidding. that's our tide. what's yours? . ... at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, there's no stopping you. we are tyco integrated security. and we are sharper. martha: all right. we want to give awe quick head's up here as secretary of state kerry in his first overseas trip is in england right now. in lon
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